How much could you save by consolidating your debt with our low interest rate?

you could save †

†Over the full term of the loan you could save this amount on interest.

This example is calculated on a loan with full repayment made over a 3 year period at an interest rate of [interest-rate]% p.a. Total repayments over the term of the loan would be [total-repayments] (indicative only). Weekly repayments are indicative only. Normal lending criteria and conditions apply. An approval fee of $250 plus other third party service charges may apply. This calculation is intended as a guide only and is not an offer of finance from NZCU Baywide. All interest rates and fees quoted are subject to change. View a full list of rates and fees.

What is a secured loan?

A secured loan is where you (the borrower) use an existing asset be it a car, property or item of fiscal value to act as a security deposit on your personal finance. Offering an asset to act as security on your loan will enable you to borrow larger amounts of money and gives you access to a better, lower interest rate than if your loan was unsecure. However, in the event that a borrower is unable to repay their loan, the asset could be repossessed in order to cover the costs of the loan.

An NZCU Baywide secured loan is typically secured by a vehicle. A secured loan allows us to offer you a secure personal loan of greater value than the security you provide. The amount we are prepared to lend you will vary on your affordability and credit score. Additional terms and conditions may apply.

Fill out our online loan application form today to see what we can do for you. At NZCU Baywide we don’t just focus on how the numbers look on paper, we listen to your story and help you save.

If you have any additional questions or want to talk with a member of our team, call us on 0800 229 943 or email us today.

Helpful Guides and Information

Applying for secured finance? Our guides will help you through the process.

Loans are a great way to finance the next step in your financial life, but not all loans are created equal. Secured loans and unsecured loans, for example, are two very different loans that are specifically tailored to the financial needs of Kiwis like you!

Unlike unsecured loans, secured loans give you access to higher loan amounts as well as a lower interest rate, by ‘securing’ the loan with an asset such as a car or boat. This security gives lenders further peace of mind, and more confidence in who they’re lending to. There’s more to secured and unsecured loans than this, so keep reading to find out more.

*Credit Union Baywide trading as NZCU Baywide. Terms and conditions and normal lending criteria apply. A $500 approval fee and other fees apply for home lending. A $250 approval fee and other fees apply for personal lending. All variable rates, fees and returns are subject to change without notice. The current Product Disclosure Statement and other disclosure statements are available here or on request from the Credit Union. NZCU Baywide savings are shares secured by a first ranking security over NZCU Baywide's assets. Click here to view our rates and fees. The CANSTAR 5 Star Rating was awarded in December 2017 to NZCU Baywide for Orange Personal Loans and in June 2017 for our Online Saver account.